Interest rates

US Fed split on rate hikes deepens as five years of high inflation tests patience

2026-08-08T05:58:40.000Z
The Fed should be “vigilant to watch the information as it comes in, but be very prepared to take action” if needed, Mary Daly said.

US Fed’s Daly says central bank was right to hold rates steady at July policy meeting

2026-08-06T03:59:11.000Z
Federal Reserve Governor Lisa Cook said the Fed is running out of space to deal with inflation given how long it has overshot the 2 per cent target.

US Fed’s Cook ready to raise rates if inflation doesn’t start easing

2026-08-06T00:17:59.000Z
South Korea’s finance ministry estimated that nationwide fuel price caps reduced inflation in July by 0.3 percentage points.

South Korea inflation cools to three-month low in July, but risks remain

2026-08-04T01:10:28.000Z
The expected announcement from Japan’s government follows what market sources say were rounds of yen-buying in the market by the Japanese and US authorities.

Tokyo to announce Japan-US joint action to support yen, say sources, in first such move since 2011

2026-08-02T06:20:50.000Z
Bessent (centre) initially generated headlines by saying in a media interview that the yen is “very undervalued” and “excess volatility” isn’t healthy. 

‘Buy Japanese Yen (JPY) $5-10 bil’: Bessent joins US-Japan bid to lift yen

2026-08-02T02:16:20.000Z
Bank of Japan governor Kazuo Ueda (centre) attends a monetary policy meeting with members of the policy board in Tokyo, Japan, Jul 31, 2026.

BOJ keeps rates steady, delivers hawkish signal as government props up yen

2026-07-31T03:45:15.000Z
The panel “stands ready to act” to stop high inflation lingering, as it tries to navigate the wild energy-price swings of recent weeks.

BOE holds rates in 6-3 vote as war clouds inflation outlook

2026-07-30T13:18:37.000Z
The meeting comes as markets have grown increasingly convinced that authorities could conduct another hike by October.

BOJ to stand pat with Ueda back in spotlight

2026-07-30T11:18:26.000Z
Some of Asia’s equity markets are heavily weighted towards parts of the semiconductor supply chain. 

Higher-for-longer rates set to hit Asia’s tech sectors as Fed stays the course: analysts

2026-07-30T09:53:20.000Z